Welcome to the first edition of our Newsletter to enable our Kenzoku friends, family and partners to keep up to date with our past, current and future plans. We have so much to say and do, that’s why our motto is ‘Make it Happen’. Hope you enjoy the content and if you wish to become part of our family, get in touch whether you are a supplier, tradesman, investor, land-owner, etc. Become involved in our big happy family!
We are a Norfolk based company specialising in property development, renovation and letting. KENZOKU is a Japanese term which when translated literally means ‘family’. The connotation suggests a bond between people who have made similar commitments and therefore share a similar destiny. We hold our family values close to all of our operations. We focus on unique, desirable and sought after locations throughout Norfolk in which to create the best properties offering optimal returns for everyone involved.
Our values are Trust, Reliability, Honesty, and we are committed to teamwork and friendship to maximise returns and positive experiences for all our partners and investors. We create a win win position for all.
David and Nigel (our Directors) visited the National Landlord Investment Show on the 5th July at Old Billingsgate in London. It was a great chance to catch up with all the latest property information and latest legislation. Plenty to see and listen to! As well as meeting up with friends and colleagues, it was a worthwhile day out and we continue to expand our network and education. We anticipate visiting similar events throughout the year and we welcome our investors and potentially new investors coming along with us. Just give us a shout. – ‘Make it Happen’
Our team creates the pathway to our success. At Kenzoku we rely significantly on our team of professionals, our ‘Kenzoku Team’. We are proud to work with some amazing people, which has really helped us grow and succeed over the past few years. We could not do what we do without them.
Our recently appointed members to the team are:
Marketing:
Social Media/Property Analysis:
Maintenance:
Introducing our next exciting new development project in Winfarthing. This site will see the demolition of existing barns and the development of 5 new dwellings at Mitchells Yard. We have worked with the land-owner and estate agent to agree this deal, and with planning permission already in place we are set to start work with immediate effect. We are currently working on the internal layout designs to create the best possible and most attractive properties for the future owners. We look forward to keeping you updated. If you fancy a site visit, we would be happy to accommodate you.
We have acquired a new property on Riverside Road, and we are excited to add this to our Norwich Accommodations portfolio. We managed to agree a deal directly with the owner before it went to auction, so this really helped speed this project through. We have started a strip out and agreed the internal layouts. The property will boast 5 self-contained rooms which will be used for long and short term accommodation. We own several properties in this area as we find it very desirable for tenants with great access to the City and train station, as well as having wonderful river views.
Our project at Moulton St Mary is nearing an end. As our first ever joint venture this project has been an amazing experience. From a set of barns without planning permission, we were able to work quickly and efficiently with our ‘Kenzoku Team’ to achieve planning permission and move to the development of the site. As a joint venture this enabled the land -owner to take a back seat and watch the project unfold. Now we are at the end we have created 3 wonderful new properties, with 3 fantastic new owners. From old piggery buildings these new state-of-the-art barn conversions are stunning.
We welcome enquiries from land/barn owners who may be interested in a joint venture with Kenzoku we can help. Get in touch here.
As many of you may know since June 2022, new local legislation was released following information from Natural England, delaying and preventing certain planning permissions from being granted, due to the increasing issue of nutrient neutrality in the UK. In response to this, we are taking specific care to ensure that our current project plans are ‘nutrient neutral’ in order to remain compliant with this legislation. We also feel it is our duty to do what we can to combat eutrophication and the further degradation of our local water systems and wildlife. For more information, click here.
It may feel surprising that sales market activity is not weakening faster, given increases in the cost of living, rising interest rates and a drop in UK consumer confidence. High inflation and the rising cost of living are hitting those on lower incomes first and will take longer to impact higher income households, those on higher incomes have more room to manoeuvre, home buyers with mortgages tend to be in the higher income bands. Despite higher living costs, pandemic factors, such as the increase in working from home and a growth in retirement continue to stimulate demands for homes. In January 2022 new mortgage rates were still ultra-cheap at less than 2% This has now jumped to 3.5% and is set to reach 4% as we move into the autumn. That said its clear UK households are facing a squeeze on incomes and living standards on multiple fronts, which will filter through into the housing market activity and house price growth into 2023. The primary risk remains in further increases in base rates which could have a knock-on effect on house prices and sales.
Hot off the press. We are always looking at growing our property portfolio, and we are venturing into the North East. to capitalise upon current opportunities in this region. A small team will journey up to Middlesborough in early September to explore the area and to continue our partnerships with some local professionals. We are excited by the enormous possibilities, having built some great contacts during our recent visit to the National Landlord Investment Show in London. Its all about the family! Watch this space!
Since our formation in 2018 our success and growth would not have been possible without the financial support from our Investors. We are continually seeking new investors for our projects. Each project is tailored to its bespoke circumstances, and subsequently the guaranteed return to you as an investor. We have a specialisation in Barn Conversions, as well as various other residential and commercial projects which are constantly available. We are happy to discuss project ideas, suggestions or developments with you, and this can also include joint ventures. We currently have opportunities to invest in our North-East project, as well as forthcoming new developments in Norfolk. Investments can vary in size but are generally £25,000 as a minimum. Investors receive circa 10% per annum interest with projects lasting between 12 and 24 months.
To learn more and get involved as a Kenzoku Investor, Register Here.
